SEC admits certain crypto enforcement cases delivered no investor benefit
Under SEC Chair Paul Atkins, the number of SEC enforcement actions against public companies has decreased by about 30%.
Some past enforcement actions against cryptocurrency companies lacked clear investor benefit and misinterpreted federal securities laws, the US Securities and Exchange Commission (SEC) said on Tuesday.
Since the 2022 fiscal year, the SEC brought 95 actions and $2.3 billion in penalties for “book-and-record violations,” it said in a statement about its enforcement results for 2025.
It also reflected a “bias for volume of cases brought versus matters of investor protection,” a misallocation of resources and a misinterpretation of federal securities laws, the SEC said.
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